Burst This!: Frank McKinney's Bubble Proof Real Estate Strategies
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Average customer review:Product Description
Tired of all the bubble-talk, all the doom and gloom?
Here comes Frank McKinney to help you wash away the worry—the anxiety financial theorists and misguided media constantly dump into the real estate marketplace.
From first-time home buyers to seasoned real estate deal-makers, investors of all experience levels can now turn the bubble mentality inside out. You'll transform it into a protective force field and even a crystal ball, allowing you to accurately forecast your real estate future.
Product Details
- Amazon Sales Rank: #354468 in Books
- Published on: 2009-02-13
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 372 pages
Features
- ISBN13: 9780757313837
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
- Click here to view our Condition Guide and Shipping Prices
Editorial Reviews
Review
'Dismiss what the so-called experts tell you to do and listen to Frank McKinney, who has taken more risk and has made it big regardless of market conditions for nearly twenty-five years. McKinney has the goods to help any real estate investor thrive anytime, anywhere. Read Burst This! now and stop the naysayers cold in their tracks.'
John Assaraf, Bestselling author of The Answer and former RE/MAX of Indiana CEO
From the Inside Flap
Frank McKinney continues his international bestseller tradition of delivering contrarian perspectives and strategies for generational success in real estate.
During his twenty-five-year career, this 'real estate rock czar' (The Wall Street Journal) and undisputed 'king of ready-made dream homes' (USA Today) has not only survived but thrived through all economic conditions by taking the contrarian position and making his own markets.
Burst This! presents a resounding counter-opinion to the doomsayers and the get-rich-quick schemers, helping you guard against falling into their traps. In it, McKinney reveals . . .
• Six distinct real-estate cycles in the last thirty-five years, sifting out critical, recurring trends that highlight significant opportunities while signaling where history might repeat itself.
• The evidentiary truth, not the fear-mongering or the sugar-coating, on real estate's ups and downs. See exactly how McKinney has successfully handled the predictable cycles with timeless financial and investment strategies.
• Which real-estate investments—and the proven approach to marketing them—that have consistently shown immunity to the market's volatile fluctuations.
• How you can aspire not just to survival, but also to what McKinney calls 'thrival,' developing your ability to capitalize on all market conditions.
• Why the positive and negative excitement (a.k.a. greed and fear) associated with boom and bust times are your worst enemies, brought on by nothing more than recurring market cycles.
Frank McKinney is a five-time international bestselling author, philanthropist, and extreme risk-taker best known for his unprecedented success as a real estate 'artist' and visionary. McKinney began with a modest $50,000 fixer-upper in 1986 and completed his first $2.2 million spec home on the ocean in 1992. Since then, he has created and sold 36 oceanfront properties with an average selling price over $15 million, some upwards of $135 million! The world's wealthiest clamor for his masterpieces, each inspired by exotic locales and infused with vivid imagination. McKinney was recently recognized as one of the ten most influential people in luxury real estate and is the creator of two of the largest and most opulent, certified-'green' spec homes in the world at $29 and $30 million. He lives with his wife, Nilsa, and their daughter, Laura, in Delray Beach, Florida.
Proceeds from book sales benefit the good works of McKinney's Caring House Project Foundation.
Frank-McKinney.com
Burst-This.com
Book jacket design by Robert Mott, RobertMottDesigns.com
Cover photos by Robin Roslund
Published by HCI Books, Inc.
Deerfield Beach, Florida
www.hcibooks.com
Printed in the U.S.A.
About the Author
Frank McKinney is a two-time international bestselling author, philanthropist, and extreme risk-taker best known for his unprecedented success as a real-estate "artist" and visionary. From his modest first $50,000 fixer-upper in 1986 to his first $2.2 million spec home on the ocean in 1992, McKinney has created and sold 36 oceanfront properties with an average selling price over $15 million. Now into 2009 and beyond, the world's wealthiest clamor for his masterpieces, each inspired by exotic locales and infused with vivid imagination. McKinney was recently recognized as one of the ten most influential people in luxury real estate and is the creator of two of the largest and most opulent "green" spec homes in the world, priced at $29 and $30 million. He lives with his wife, Nilsa, and their daughter, Laura, in Delray Beach, Florida. Visit Frank-McKinney.com and Burst-This.com.
Proceeds from all book sales go to benefit the good works of McKinney's Caring House Project Foundation, which provides a self-sustaining existence for some of the most desperately poor and homeless families around the world.
Customer Reviews
Knowledge and Wisdom
What a great book. Frank has taken a worthy approach in writing this book. Why should you buy this book over other RE Investing books? The answer is simple...Burst This puts substance, strategy and real scenarios into play and makes it easy to read and understand. Frank goes a step beyond authors like Kiyosaki who get you hyped up about something without giving you an actual education. If you have never done a RE deal or have done many you will get your monies worth from reading this. This book is a good one to have on the shelf and should be re-visited occasionally. Thanks for investing your time, knowledge and wisdom into this book Frank. Blessings.
Joshua Rowland
First-class practical guide to residential real estate investing
If you are looking for a first-class practical guide to residential real estate investing, pick up a copy of Burst This! Frank McKinney's Bubble-Proof Real Estate Strategies.
McKinney began his residential real estate investing over twenty-five years ago when he purchased a thirty-six thousand dollar property in a neighborhood that most of us would not even think of driving or walking through, let alone invest in. It was a dilapidated crack house that he called a fixer-upper. Six months later he netted a seven thousand dollar profit. This was the beginning of his real estate career that has now led him to construct distinct and unique homes that sell for millions of dollars.
What I found particularly noteworthy about this part real estate investment principles, part psychology and part philosophy book is that I personally have witnessed during my thirty-five years as a title attorney the application of many of the principles McKinney enunciates in the book. These rules, as the author states, are not only for rough times, nor for good times, nor only any other specific time. They can be applied any time and for different scenarios such as buying a home for yourself, or investment purposes, or perhaps even staking out a career in real estate.
McKinney informs us that the basic distinction between himself and others who would like to do what he does, but don't (or don't do it successfully), is that he has an appetite for and willingness to take on bigger and bigger risks. He does live with fear nearly all the time, however, as we note, he always takes calculated risks. He thoroughly does his homework before he decides to purchase a property. Although nothing is one hundred percent sure, McKinney counsels his readers to strive for clarity which he breaks down as follows. Is a particular deal something you believe in with all your mind and heart? Do you see this as an annuity that will return big dividends for you and your family? Does it make financial sense according to the formula, he details in the book?
Divided into four parts, McKinney covers such topics as your mindset and psychology that you must adhere to in taking intelligent risks no matter what kind of a market we are in; anticipating and making market trends; setting the record straight as to what is really happening with real estate investments for the short and long term. Considerable ink is devoted to locating, negotiating, buying a property and then how to go about improving it so that it stands out from the rest. Another section examines closing deals and your buyer and a complete system for selling your property. McKinney guarantees you that if you diligently apply his advice, you will be able to dominate your chosen real estate market and do so with greater confidence.
An important part of the book's appeal is its clarity and down-to-earth explanations backed up with several real life examples. The information contained in each chapter is excellent and well organized concluding with a simplified summary of the principles that are exposed. McKinney's book succeeds admirably as a straightforward primer for anyone interested in residential or even commercial real estate.
Norm Goldman, Publisher & Editor Bookpleasures
Burtst This!
Never before have I gotten so much useful information out of a single book. "Burst This!" just keeps giving. Every time I read a passage, it is directly applicable to the stage of real estate I am experiencing. What I haven't experienced is being formed into a plan, far more detailed than ever before. Thank you Frank, for finally cracking the code. The study of your book is leading me to success. If you buy any real estate books this year, you need "Burst This!"




